Certificates Representing Restricted Shares Sample Clauses

The 'Certificates Representing Restricted Shares' clause defines the requirements for how stock certificates must indicate that the shares they represent are subject to certain restrictions, such as transfer limitations or holding periods. Typically, this clause mandates that a clear legend or notation be placed on the physical or electronic certificate, alerting any holder or potential transferee to the existence of these restrictions. By doing so, the clause ensures that all parties are aware of the limitations on the shares, thereby preventing unauthorized transfers and maintaining compliance with securities laws or contractual agreements.
Certificates Representing Restricted Shares. The Restricted Shares will be registered in the name of the Employee and the certificates evidencing such shares shall bear an appropriate legend referring to the terms, conditions and restrictions applicable to the Restricted Shares. All certificates representing Restricted Shares shall be retained by the Corporation, together with a stock power executed by the Employee in proper form for transfer into the Corporation's name of all certificates representing Restricted Shares which are forfeited to the Corporation in accordance with Paragraph 5 or 6.
View SourceView Similar (4)
Certificates Representing Restricted Shares. Any stock certificate representing Restricted Shares shall bear an appropriate legend with respect to the Forfeiture Restrictions applicable to such Restricted Shares and such stock certificate shall be reissued without such legends upon the lapse of all Forfeiture Restrictions applicable to the shares represented thereby. The Company may retain, at its option, the physical custody of any stock certificate representing any Restricted Shares, or require that such certificates be placed in escrow or trust, until all Forfeiture Restrictions applicable thereto are removed or lapse. The Employee shall promptly surrender to the Company for cancellation any stock certificate representing Restricted Shares that have become forfeited.
View SourceView Similar (2)
Certificates Representing Restricted Shares. The Corporation shall not be required to issue stock certificates representing Restricted Shares awarded to the Grantee until the Restricted Period related to such shares has lapsed. If any stock certificates representing Restricted Shares awarded pursuant to the Restricted Stock Award are issued prior to the lapse of the Restricted Period, such stock certificate shall bear an appropriate legend referring to such restrictions. Such certificates may be retained by the Corporation during the Restricted Period.
View Source

Related to Certificates Representing Restricted Shares

  • Certificates and Transfer of Interests Section 4.01. Initial Ownership 12 Section 4.02. The Certificates 12 Section 4.03. Execution, Authentication and Delivery of Certificates 12 Section 4.04. Registration of Transfer and Exchange of Certificates 12 Section 4.05. Mutilated, Destroyed, Lost or Stolen Certificates 13 Section 4.06. Persons Deemed Owners 14 Section 4.07. Access to List of Certificateholders’ Names and Addresses 14 Section 4.08. Maintenance of Office or Agency 14 Section 4.09. Restrictions on Transfers of Certificates 14

  • Issuance of Restricted Shares The Restricted Shares shall be issued upon acceptance hereof by Employee and upon satisfaction of the conditions of this Agreement.

  • Certificates Describing Partnership Units At the request of a Limited Partner, the General Partner, at its option, may issue a certificate summarizing the terms of such Limited Partner’s interest in the Partnership, including the number of Partnership Units owned and the Percentage Interest represented by such Partnership Units as of the date of such certificate. Any such certificate (i) shall be in form and substance as approved by the General Partner, (ii) shall not be negotiable and (iii) shall bear a legend to the following effect: This certificate is not negotiable. The Partnership Units represented by this certificate are governed by and transferable only in accordance with the provisions of the Limited Partnership Agreement of Strategic Storage Operating Partnership II, L.P., as amended from time to time.

  • List of Restricted Securities Owners From time to time, the Company shall provide to the Depositary a list setting forth, to the actual knowledge of the Company, those persons or entities who beneficially own Restricted Securities and the Company shall update that list on a regular basis. The Company agrees to advise in writing each of the persons or entities so listed that such Restricted Securities are ineligible for deposit hereunder. The Depositary may rely on such a list or update but shall not be liable for any action or omission made in reliance thereon.

  • TITLE TO SECURITIES; RESTRICTED SHARES The Participant represents and warrants on behalf of itself and any party for which it acts that Deposit Securities delivered by it to the custodian and/or any relevant sub-custodian in connection with a Purchase Order will not be “restricted securities,” as such term is used in Rule 144(a)(3)(i) of the 1933 Act, and, at the time of delivery, the Fund will acquire good and unencumbered title to such Deposit Securities, free and clear of all liens, restrictions, charges and encumbrances, and not be subject to any adverse claims.